Grindr (GRND) CFO awarded 18,003 performance-based shares after targets exceeded
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grindr Inc. Chief Financial Officer receives performance-based share award. On March 12, 2026, CFO John F. North acquired 18,003 shares of Grindr common stock at no cost through the vesting and settlement of performance-based restricted stock units granted under the company’s Amended and Restated 2022 Equity Incentive Plan.
The compensation committee certified that key performance indicators were achieved in excess of pre-set targets, triggering immediate vesting of these 18,003 PSUs upon issuance. Following this award, North directly holds 748,003 shares of Grindr common stock, reflecting routine equity compensation tied to company performance goals.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
North John F
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,003 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 748,003 shares (Direct)
Footnotes (1)
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FAQ
What did Grindr (GRND) disclose in this Form 4 for its CFO?
Grindr reported that CFO John F. North received 18,003 shares of common stock at no cost. These came from performance-based restricted stock units that vested after the compensation committee certified achievement above pre-set key performance indicators on March 12, 2026.
What is the total Grindr (GRND) stake held by the CFO after this grant?
After the award, CFO John F. North directly holds 748,003 shares of Grindr common stock. This total includes the newly vested 18,003 performance-based shares and represents his updated direct ownership position reported in the Form 4 filing.
What triggered the vesting of the CFO’s performance stock units at Grindr (GRND)?
Vesting was triggered when Grindr’s compensation committee certified that certain key performance indicators exceeded pre-specified target levels. This certification on March 12, 2026 caused 18,003 performance-based restricted stock units to vest and settle immediately into common stock shares.
What type of equity award did Grindr (GRND) grant to its CFO in this filing?
The CFO received performance-based restricted stock units, or PSUs, under Grindr’s Amended and Restated 2022 Equity Incentive Plan. Once performance goals tied to key metrics were certified as exceeded, these 18,003 PSUs vested and settled immediately into shares of common stock.